Geneko Ghana

09/01/2025

That offui sarkodie has started his abuse on Mahama again,,,one useless musician in Ghana

08/01/2025

JDM to all mmdces

07/01/2025

07/01/2025

THE NEW HOPE AND THE END OF TYRANNY IN GHANA

07/01/2025

04/01/2025

CORRUPTION PERCEPTION INDEX

JDM WORST PERFORMANCE 43 IS NPP BEST PERFORMANCE IN CORRUPTION

03/01/2025

*George Nesta Kogbe* Writes...

"The Crossroads to End the Worst-Ever Government: Understanding Nana Akufo-Addo and Bawumia"

---

The Crossroads to End the Worst-Ever Government: Understanding Nana Akufo-Addo and Bawumia

Ghana is at a critical juncture. The current administration, led by President Nana Akufo-Addo and Vice President Mahamudu Bawumia, has been widely criticized for its handling of the economy, corruption, and overall governance. As the country teeters on the brink of collapse, it's essential to understand the dynamics at play and the role of Akufo-Addo and Bawumia in this crisis.

*The Economic Mess*

The Akufo-Addo-Bawumia administration has presided over one of the worst economic periods in Ghana's history. The country's debt has ballooned, inflation has skyrocketed, and the currency has depreciated significantly. The government's response to these challenges has been inadequate, with many critics accusing them of being out of touch with the struggles of ordinary Ghanaians.

*Corruption and Incompetence*

The Akufo-Addo-Bawumia administration has also been plagued by corruption scandals and incompetence. From the botched PDS deal to the questionable Agyapa Royalties transaction, the government has faced numerous allegations of corruption and cronyism. Furthermore, the administration's handling of critical issues like healthcare, education, and infrastructure development has been woefully inadequate.

*The Bawumia Factor*

Vice President Mahamudu Bawumia has been a key figure in the Akufo-Addo administration. As the head of the Economic Management Team, Bawumia has been instrumental in shaping the government's economic policies. However, his tenure has been marked by controversy, with many critics accusing him of being overly partisan and divisive.

*The Akufo-Addo Enigma*

President Nana Akufo-Addo has been a dominant figure in Ghanaian politics for decades. However, his presidency has been marked by a sense of detachment and aloofness. Many Ghanaians feel that Akufo-Addo is out of touch with their struggles and concerns. His administration's handling of critical issues like corruption, economic development, and social justice has been widely criticized.

*The Way Forward*

As Ghana stands at the crossroads, it's essential to recognize that the country deserves better. The Akufo-Addo-Bawumia administration has failed to deliver on its promises, and it's time for a change. The opposition National Democratic Congress (NDC) has a critical role to play in holding the government accountable and offering a viable alternative.

*Conclusion*

Ghana is at a critical juncture, and the Akufo-Addo-Bawumia administration has failed to deliver. It's time for a change, and the opposition NDC must rise to the challenge. As we move forward, it's essential to recognize that the country deserves better and that a brighter future is possible.

---

The new regime of hope for all and end of haphazard economic difficulties and prosperity for all has dawn on us and let embrace the illumination of light for all.

03/01/2025

The collapse of Akuffo Addo bodyguard at his last state of the nation address

01/01/2025

This Man is the man of the moment

21/12/2024

ALWAYS IT IS NPP WHO WILL VIOLATE PEOPLE'S RIGHTS TO DECLARE AN ELECTION TO THEIR FAVOR,WHY,JM MUST BE MORE THAN TYRANNY TO NPP

21/12/2024

EC IS BASICALLY THE LARGEST CRIME SYNDICATE IN GHANA

27/11/2024

BUSINESS NEWS | GHANA AND BEYOND 🌍 27/11/2024

🚩The Ghana Cedi continued its revival for the second consecutive week, supported by increased liquidity by the Bank of Ghana. This follows the Central Bank’s injection of US$199.8 million into the market, along with foreign exchange inflow of US$21.55 million from market participants. The Cedi recouped 1.42% week-on-week against the dollar. It also gained 3.03% versus the Pound and 3.36% to the Euro. The cedi quoted at a mid-rate of GH¢16.79 to a dollar at the close of the week’s trading last week.

🚩Sunon Asogli Power Ghana Limited has announced the resumption of operations at its 560-megawatt power plant following an emergency funding intervention by the government. The plant, which had been shut down due to financial constraints, resumed operations on Monday, November 25, 2024, at 3 PM. In a press release, the company expressed gratitude to the Minister for Finance, Mohammed Amin Adam, and the Minister for Energy, Herbert Krapa, for facilitating the release of emergency funds to address the plant’s critical financial needs.

🚩Atlantic Lithium Limited has expressed optimism about the proposed merger between Piedmont Lithium, its strategic funding partner for the Ewoyaa Lithium Project in Ghana, and North American lithium producer Sayona Mining. The definitive agreement to combine the two companies under a new entity, MergeCo, was signed on November 19, 2024, with Sayona Mining slated to become the parent entity. In discussions with Sayona CEO and Managing Director Lucas Dow, who is expected to lead MergeCo, Atlantic Lithium reported assurances of continued commitment to the development of the Ewoyaa Lithium Project.

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INTERBANK FOREX RATES 💴💰
US$GH¢ Buy 15.6122 Sell 15.6278
GB£GH¢ Buy 19.6136 Sell 19.6348
CHFGH¢ Buy 17.5938 Sell 17.6112
AUD$GH¢ Buy 10.0951 Sell 10.2112
CAD$GH¢ Buy 11.1062 Sell 11.1170
JP¥GH¢ Buy 0.1017 Sell 0.1018
NZDGH¢ Buy 9.1007 Sell 9.1125
ZARGH¢ Buy 0.8585 Sell 0.8590
EU€GH¢ Buy 16.3678 Sell 16.3828
CHN¥GH¢ Buy 2.1530 Sell 2.1549
GH¢CFA Buy 40.0394 Sell 40.0761
GH¢NG₦ Buy 107.3047 Sell 108.5851

CRYPTOCURRENCY MARKET
Bitcoin $92,726.23 🔻1.78%
Ethereum $3,407.54 🔻0.58%
Binance Coin $617.68 🔻3.86%
Ripple $1.37 🔻5.48%
Solana $229.68 🔻3.48%
Cardano $0.956 🔻2.37%
Dogecoin $0.3902 🔻3.96%

💵Bloomberg USDGHS Cross Rate - *15.6062* (YTD -🔺️-23.43%)

💰STANBIC BANK FOREX RATES💵
US$GH¢ Buy 15.5000 Sell 15.9000
ZARGH¢ Buy 0.8509 Sell 0.8762
GB£GH¢ Buy 19.3859 Sell 19.9895
EU€GH¢ Buy 16.1867 Sell 16.7014

🔼GSE DAILY GAINERS ➖ PRICE ➖ %CHANGE
No gainers

🔻GSE DAILY LOSERS ➖ PRICE ➖ %CHANGE
No losers

〽Inflation rate in Ghana ➡️ 22.10%

🏦Ghana Reference Rate ➡️ 28.84%

✳Policy Rate in Ghana ➡️ 27.00%

¶ TREASURY RATES💸
91 - Day Discount Rate 25.4616% Interest Rate 27.1925%
182 - Day Discount Rate 24.5525% Interest Rate 27.9884%
364 - Day Discount Rate 22.9729% Interest Rate 29.8245%

🛢Petroleum Products - Average Price
🏗Petrol - Gh¢14.64/ltr (YTD🔺️+18.16%)
🛢Diesel - Gh¢15.45/ltr (YTD🔺️+18.94%)
⛽LPG - Gh¢18.00/kg (YTD🔺️+39.50%)

🏧MARKET INDEXES
*Dow Jones Index🚂⛽ 44,860.31 +123.74 +0.28%
*S&P 500 🏦 6,021.63 +34.26 +0.57%
*Nasdaq Index📲💻 19,174.30 +119.46 +0.63%
* NYSE Composite Index 20,219.42 -0.94 0.00%
*London FTSE 8,258.61 -33.07 -0.40%
*Germany DAX 19,295.98 -109.22 -0.56%
*Japan NIKKEI 225 38,442.00 -338.14 -0.87%
*Tokyo TOPIX Index 2,689.55 -26.05 -0.96%
*Hong Kong HANG SENG 19,159.20 +8.21 +0.04%
*Shanghai Shenzhen 300 3,840.18 -7.91 -0.21%
*S&P/ASX 200 Index 8,359.45 -58.19 -0.69%
*S&P Europe 350 Index 2,066.83 +1.23 +0.06%
*France CAC All-Tradable 5,338.92 -47.35 -0.88%
*Dubai DFM General Index 4,828.83 +60.51 +1.27%
*FTSE/JSE South Africa 85,397.50 +522.26 +0.62%
*Nairobi SE 20 Share 1,885.31 +1.01 +0.05%
*Nigeria SE Main 97,639.88 +13.61 +0.01%
*GSE Composite Index 4,677.65 0.00 0.00%
*GSE Financial Index 2,342.65 0.00 0.00%

GSE INDEXES ⏸ 2024 YTD RETURNS%
*GSE Composite Index 4,677.65 🔼+49.43%
*GSE Financial Index 2,342.65 🔼+23.20%

🔼GSE 2024 TOP GAINERS ➖ PRICE ➖ YTD%
UNIL ➡️Gh¢17.00 🔼 +109.62%
GCB ➡️Gh¢6.30 🔼+85.29%
ETI ➡️Gh¢0.28 🔼+86.67%
MTNGH ➡️Gh¢2.36 🔼+68.57%
TOTAL ➡️Gh¢12.90 🔼+43.65%
CMLT ➡️Gh¢0.14 🔼+40.00%
ACCESS ➡️Gh¢4.75 🔼+39.71%
GGBL ➡️Gh¢4.70🔼+38.24%
RBGH ➡️Gh¢0.66 🔼+37.50%
SCB ➡️Gh¢23.00 🔼+31.05%

🔻GSE 2024 TOP LOSERS ➖ PRICE ➖ YTD%
CAL ➡️Gh¢0.34 🔻-29.17%
EGL ➡️Gh¢1.99 🔻-16.74%
MMH ➡️Gh¢0.10 🔻-9.09%
DASPHARMA ➡️Gh¢0.38 🔻-5.00%
SOGEGH ➡️Gh¢1.50 🔻-4.45%

COMMODITIES MARKET
*Brent Crude USD/barrel⛽ 72.69 -0.32 -0.44%
*Natural Gas 🏭 USD/millon BTUS 3.43 +0.06 +1.84%
*Gold 👑 USD/troy ounce 2,658.00 +15.40 +0.58%
*Silver 💍 USD/troy ounce 30.97 +0.30 +0.99%
*Corn 🌽 USd/bushel 428.00 -5.00 -1.15%
*Cocoa 🍫 USD/metric ton 9,236.00 +264.00 +2.94%
*Coffee ☕ USd/pound 308.85 +4.05 +1.33%
*Sugar🎂 USd/pound 21.57 +0.42 +1.99%
*Rubber USd/100kg 192.10 +1.00 +0.52%

Sources: Bank of Ghana, Bloomberg, GSE, Reuters, Citifm, Myjoyonline, Ghanaweb, Doobia, BBC, Graphic Business, B&FT, StarFmonline, Ghana News Agency, Norvan Reports.

Compiled By:
Prince Henry Danquah
Bora Capital Advisors Ltd.
+233(0)50-002-3155

❗PLEASE SHARE ❗

A unit trust is a form of collective investment scheme whose objective is typically to enable an investor to acquire a small stake in a large portfolio of investments and spread risk across many different asset classes (shares, bonds, money market instruments etc). A unit trust scheme is constituted...

26/11/2024

BUSINESS NEWS | GHANA AND BEYOND 🌍 25/11/2024

🚩The International Monetary Fund (IMF) board is set to meet in early December and approve the disbursement of US$360 million to Ghana. This will be in line with Ghana passing the third review under the fund programme. “Once the review is completed by the IMF's executive board, Ghana would have access to about $360 million in terms of disbursement”, the Director of Communications at the IMF Julie Kozack disclosed at news conference in Washington DC USA. Describing the programme performance as encouraging, Ms. Kozack said Ghana has followed the requirements needed for the country’s debt restructuring. She pointed out that some macroeconomic projections have been achieved under the programme, indicating some level of recovery.

🚩Ghana is ranked 7th in the world as the biggest beneficiary of World Bank funding. The country has received a total of US$11.2 billion of the International Development Association (IDA) funding from 1961 to 2024. Ethiopia (US$23.4 billion), Nigeria (US$18.8 billion) and Vietnam (US$18.5 billion) are ranked 1st, 2nd 3rd respectively. China is ranked 8th with IDA funding of US$10.2 billion. Eight of the 10 biggest beneficiary countries are from Sub-Sahara Africa.

🚩Countries at the COP29 summit in Baku adopted a $300 billion a year global finance target on Sunday to help poorer nations cope with impacts of climate change, a deal its intended recipients criticised as woefully insufficient. The agreement, clinched in overtime at the two-week conference in Azerbaijan's capital, was meant to provide momentum for international efforts to curb global warming in a year destined to be the hottest on record. The agreement would provide $300 billion annually by 2035, boosting rich countries' previous commitment to provide $100 billion per year in climate finance by 2020. That earlier goal was met two years late, in 2022, and expires in 2025.

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📌 Invest with *Bora Fixed Income Unit Trust* and *Bora Balanced Unit Trust*, funds managed by a team of professionals to help achieve your much desired financial freedom.

Download the Prospectus & Read more about them here: https://boradvisors.com/unit-trust/

➖➖➖➖➖➖➖➖➖

📌 Have you enjoyed what you've read so far? If you want to read more, then click on this link to join the Invest in Gh News Channel on Whatsapp.
https://whatsapp.com/channel/0029VaD8M8a0bIdgn1DFh13Z

➖➖➖➖➖➖➖➖➖

Secure your Tomorrow with *MY OWN PENSION* on your MTN Mobile Money and make contributions that you can rely upon tomorrow. Watch the MoP webinar on the *Invest in Gh YouTube channel*.

To Register for MoP, Simply dial **170 #*, select *Option 5* (Financial Services) and select *Option 4* (Pensions and Investments), select *Option 1* (My Own Pension), select *Option 1* (Enrol) and follow the prompts to Begin

➖➖➖➖➖➖➖➖➖

INTERBANK FOREX RATES 💴💰
US$GH¢ Buy 15.7921 Sell 15.8079
GB£GH¢ Buy 19.7607 Sell 19.7820
CHFGH¢ Buy 17.6561 Sell 17.6720
AUD$GH¢ Buy 10.2400 Sell 10.2510
CAD$GH¢ Buy 11.2879 Sell 11.2995
JP¥GH¢ Buy 0.1020 Sell 0.1021
NZDGH¢ Buy 9.1887 Sell 9.2006
ZARGH¢ Buy 0.8724 Sell 0.8728
EU€GH¢ Buy 16.4180 Sell 16.4330
CHN¥GH¢ Buy 2.1796 Sell 2.1813
GH¢CFA Buy 39.9171 Sell 39.9535
GH¢NG₦ Buy 106.7759 Sell 107.6538

CRYPTOCURRENCY MARKET
Bitcoin $98,178.04 🔼0.06%
Ethereum $3,390.77 🔼0.61%
Binance Coin $662.38 🔼0.10%
Ripple $1.47 🔼1.38%
Solana $254.10 🔼0.43%
Cardano $1.05 🔼0.12%
Dogecoin $0.4259 🔼1.80%

💵Bloomberg USDGHS Cross Rate - *15.8000* (YTD -🔺️-24.37%)

💰STANBIC BANK FOREX RATES💵
US$GH¢ Buy 15.6000 Sell 16.0500
ZARGH¢ Buy 0.8478 Sell 0.9119
GB£GH¢ Buy 19.5624 Sell 20.2230
EU€GH¢ Buy 16.2864 Sell 16.08525

🔼GSE DAILY GAINERS ➖ PRICE ➖ %CHANGE
MTNGH ➡️Gh¢2.36 🔼+1.29%

🔻GSE DAILY LOSERS ➖ PRICE ➖ %CHANGE
No losers

〽Inflation rate in Ghana ➡️ 22.10%

🏦Ghana Reference Rate ➡️ 28.84%

✳Policy Rate in Ghana ➡️ 27.00%

¶ TREASURY RATES💸
91 - Day Discount Rate 25.4616% Interest Rate 27.1925%
182 - Day Discount Rate 24.5525% Interest Rate 27.9884%
364 - Day Discount Rate 22.9729% Interest Rate 29.8245%

🛢Petroleum Products - Average Price
🏗Petrol - Gh¢14.64/ltr (YTD🔺️+18.16%)
🛢Diesel - Gh¢15.45/ltr (YTD🔺️+18.94%)
⛽LPG - Gh¢18.00/kg (YTD🔺️+39.50%)

🏧MARKET INDEXES
*Dow Jones Index🚂⛽ 44,296.51 +426.16 +0.97%
*S&P 500 🏦 5,969.34 +20.63 +0.35%
*Nasdaq Index📲💻 19,003.65 +31.23 +0.16%
* NYSE Composite Index 20,123.45 +155.15 +0.78%
*London FTSE 8,262.08 +112.81 +1.38%
*Germany DAX 19,322.59 +176.42 +0.92%
*Japan NIKKEI 225 39,022.40 +738.55 +1.93%
*Tokyo TOPIX Index 2,732.51 +35.98 +1.33%
*Hong Kong HANG SENG 19,229.97 -371.14 -1.89%
*Shanghai Shenzhen 300 3,865.70 -123.60 -3.10%
*S&P/ASX 200 Index 8,452.80 +58.95 +0.70%
*S&P Europe 350 Index 2,065.60 +23.21 +1.14%
*France CAC All-Tradable 5,381.52 +31.33 +0.59%
*Dubai DFM General Index 4,723.64 -5.94 -0.13%
*FTSE/JSE South Africa 85,608.47 +85.90 +0.10%
*Nairobi SE 20 Share 1,891.18 +5.81 +0.31%
*Nigeria SE Main 97,829.02 -221.10 -0.23%
*GSE Composite Index 4,665.35 +10.66 +0.23%
*GSE Financial Index 2,325.64 0.00 0.00%

GSE INDEXES ⏸ 2024 YTD RETURNS%
*GSE Composite Index 4,665.35 🔼+49.04%
*GSE Financial Index 2,325.64 🔼+22.30%

🔼GSE 2024 TOP GAINERS ➖ PRICE ➖ YTD%
UNIL ➡️Gh¢17.00 🔼 +109.62%
GCB ➡️Gh¢6.30 🔼+85.29%
ETI ➡️Gh¢0.26 🔼+73.33%
MTNGH ➡️Gh¢2.36 🔼+68.57%
TOTAL ➡️Gh¢12.88 🔼+43.11%
CMLT ➡️Gh¢0.14 🔼+40.00%
ACCESS ➡️Gh¢4.75 🔼+39.71%
GGBL ➡️Gh¢4.70🔼+38.24%
RBGH ➡️Gh¢0.66 🔼+37.50%
SCB ➡️Gh¢23.00 🔼+31.05%

🔻GSE 2024 TOP LOSERS ➖ PRICE ➖ YTD%
CAL ➡️Gh¢0.34 🔻-29.17%
EGL ➡️Gh¢1.99 🔻-16.74%
MMH ➡️Gh¢0.10 🔻-9.09%
DASPHARMA ➡️Gh¢0.38 🔻-5.00%
SOGEGH ➡️Gh¢1.50 🔻-4.45%

COMMODITIES MARKET
*Brent Crude USD/barrel⛽ 75.18 +0.01 +0.01%
*Natural Gas 🏭 USD/millon BTUS 3.42 +0.29 +9.17%
*Gold 👑 USD/troy ounce 2,731.50 -5.70 -0.21%
*Silver 💍 USD/troy ounce 31.68 -0.10 -0.30%
*Corn 🌽 USd/bushel 434.75 -0.50 -0.11%
*Cocoa 🍫 USD/metric ton 9,085.00 +450.00 +5.21%
*Coffee ☕ USd/pound 302.10 +6.40 +2.16%
*Sugar🎂 USd/pound 21.36 -0.02 -0.09%
*Rubber USd/100kg 190.70 +1.40 +0.74%

Sources: Bank of Ghana, Bloomberg, GSE, Reuters, Citifm, Myjoyonline, Ghanaweb, Doobia, BBC, Graphic Business, B&FT, StarFmonline, Ghana News Agency, Norvan Reports.

Compiled By:
Prince Henry Danquah
Bora Capital Advisors Ltd.
+233(0)50-002-3155

❗PLEASE SHARE ❗

A unit trust is a form of collective investment scheme whose objective is typically to enable an investor to acquire a small stake in a large portfolio of investments and spread risk across many different asset classes (shares, bonds, money market instruments etc). A unit trust scheme is constituted...

17/11/2024

This is a true stateman and a President,,,in Ghana Nana Addo and Bawumia refused to sign anti gay bill